02-28 Resolution No. 12077RESOLUTION NO. 12077
RESOLUTION APPROVING PROPOSED USE OF 2023 URBAN HENNEPIN
COUNTY COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM FUNDS AND
AUTHORIZING EXECUTION OF SUBRECIPIENT AGREEMENT WITH HENNEPIN
COUNTY AND ANY REQUIRED THIRD PARTY AGREEMENTS
WHEREAS, the City of Richfield, Minnesota, through execution of a Joint
Cooperation Agreement with Hennepin County, is participating in the Urban Hennepin
County Community Development Block Grant (CDBG) Program; and
WHEREAS, the City of Richfield has developed a proposal for the use of 2023
CDBG funds made available to it; and
WHEREAS, the City held a public hearing on February 28, 2023 to obtain the
views of citizens on local and Urban Hennepin County housing and community
development needs and priorities for the City’s proposed use of $169,112 from the 2023
Urban Hennepin County CDBG Program; and
NOW, THEREFORE, BE IT RESOLVED, by the City Council of Richfield,
Minnesota as follows:
1. Approves the following projects for funding from the 2023 Urban Hennepin
County Community Development Block Grant Program and authorizes submittal
of the proposal to Hennepin County.
Activity Budget
1. Deferred Loan Rehabilitation Program $119,112
2. First Time Homebuyer Downpayment Assistance $50,000
TOTAL CDBG ALLOCATION $169,112
2. That the Mayor and City Council hereby authorize and direct the execution of
the Subrecipient Agreement with Hennepin County and any required Third
Party Agreements on behalf of the City to implement the 2023 CDBG
Program.
3. That should the final amount of FY 2023 CDBG available to the City be
different from the preliminary amount provided to the City, and should there
be any repayments that result in Program Income, the City Council hereby
authorizes the City Manager to adjust the project budget of the proposed
Activities to reflect an increase or decrease in funding.
Adopted by the City Council of the City of Richfield, Minnesota this 28th day of
February, 2023.
____________________________
Mary B. Supple, Mayor
ATTEST:
Chris Swanson, Acting City Clerk